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BLOCK FINANCIAL - 1316600-02

Taxcut 02 Platinum For Windows Taxcut 02 platinum for windows
Product ImageBest Price:$33.85


Product Rating 2.5 out of 5
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Read Reviews: 4 / 5




TaxCut Platinum 2002
$33.85

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Product Reviews from Amazon.com (Rating System 1 to 5)
ReviewRatingLast Updated
Very user friendly tax software
I have used TaxCut for several years now, and really appreciate its convenience and ease of use. The software works like an interview - you answer a list of questions, and when you are done, your tax return is complete. It picks up the data from prior year returns done on TaxCut, so if you use the program year after year, it gets progressively easier and less time-consuming to prepare your taxes. Clear explanations are provided for every entry, potential problem areas are flagged, and your return is compared with average taxpayer returns in your income bracket so you can see if your deductions etc. are out of line with the norm. The state program for my state is also very simple to use. In my opinion, using TaxCut is far simpler and less stressful than either doing taxes by hand or using a tax preparer.
4Today
Don't use Tax Cut if you have to file an Oregon State return
Last year I used Turbo Tax and was able to file my state return electronically. This year I switched to Tax Cut and it doesn't support E-filing the Oregon State return. Now, at the last minute, I have to print and file a manual return. This will add about 2 months to the time it takes to get a refund. Next year it's back to Turbo Tax, no matter how bad it is, it's better than Tax Cut.
1Today
Disappointing; about as good as TurboTax was 2-3 years ago
I switched to TaxCut from TurboTax because reviews said it was as good as TurboTax but without TurboTax's copy protection scheme. Unfortunately, I was disappointed. Entering Employee Stock Purchase Plan (ESPP) transactions was much more difficult than last year's TurboTax. The capital gains wizard was almost no help. The online instructions and help were much less helpful, and the help had a much poorer index. Overall, I would say TaxCut 2003 is about as good as TurboTax was 2-3 years ago. But it is not nearly as easy to use as TurboTax was last year. As much as I dislike TurboTax's copy protection scheme, I will go back to TurboTax next year.
3Today
Does not live up to TurboTax Deluxe
Since this is my first year of trying to file US Income Taxes _myself_, I picked TaxCut since I didn't like the TurboTax registration annoyance. I later hat the opportunity to enter my Federal and my California Tax Info on a friend's computer with TurboTax Deluxe and thus was able to compare the Interview process. My tax situation was very easy except for 3 issues: 1. I had to pay tax due in 2002 for my 2001 State Tax Return 2. I collected foreign dividends, interest and captital gains 3. I payed foreign taxes (on those foreign dividends and interests) and thus filed form 1116. So what happend: 1. Knowing on where and how to enter the fact that I payed state taxes, was a major hassle with TaxCut. The interview process asked about it at one point, but then you were left alone to figure out on which of the following screens you had to enter this information, so that it would properly carry over to the State tax program. There was nothing in the FAQ, in any of the help sections or on the website. It took two emails with customer support to get an answer to this question. TurboTax explicitely asked that question in its interview process and had my enter the amount right away. 2. Neither program provides any support for dealing with foreign currencies, so you're on your own with the conversion. 3. Form 1116 was another nightmare with TaxCut, which basically left you to filling out the forms / worksheets by yourself. TurboTax made it much more easier. Other issues: - Changes in the Federal Data did not always carry over properly to the State Return (i.e. when I deleted info about Estimated Taxes payed). I only noticed this when comparing the figures with TurboTax - I bought the "Platinum" version, but I didn't see any practical benefit. At the end of the day both programs calculated the same figures, however TurboTax' interview progress was much clearer and mad me much more comfortable. If TurboTax didn't have that awkward registration scheme I would never use TaxCut again.
2Today
Never used Turbo Tax anyway
Taxcut is easy to use and my return is relatively simple, so I was mostly satisfied with it. Contrary to previous reviews, it does have an interview feature and I did not find that I had to enter the same information repeatedly. On the downside, the program is full of bugs that range from the amusing (like saying "I see that your spouse also moved this year" when I am filing a single return!) to the scary (like forcing me to enter a value for a mortgage deduction when I do not own a home) I run a small home based business and that seemed to extend Taxcut's capability to the maximum. Taxcut worked fine this year, but if my business grows any larger,I'll switch to something else next year.
4Today
Disappointing
I made the switch from TurboTax to TaxCut because of Intuit's copy-protection schemes that treat me like a criminal and make we worry about not having access to my return in the future. I figured TaxCut would be the same as TurboTax or maybe a little better since I never loved TurboTax. However, I found it to be worse. First the good points, it did import my dad from Quicken and last years return fairly well. Now the bad: 1. It had an annoying inconsistency in entering dates. Sometimes it insisted you use 2-digits etc. I think software should be smart enough to figure out the different ways people enter dates, rather than force people enter dates one way. 2. The platinum upgrade is worthless. I got it for the "capital gains assisteant" but that turned out to be nothing more than having you enter you information on multiple screens (interveiew style) rather than one. If you go with TaxCut save the 10 bucks and go with the deluxe or standard editions. 3. It did some to know how to handle my Employee Stock Purchase Plan. It did not ask me about the discount I bought the stock at (which is taxed differently I believe than the capital gains). Since I sold at a loss this did not worry me. 4. It had me enter information many times when it seemed like it should have been smarter. I think I enter my address 4 times - why can't the program figure out that I am not moving? I am hoping that Intuit treats their customers better so I can go back to TurboTax next year. If not, I am not sure what I will do.
2Today
Not Reliable or Helpful at all
I, like others before me, bought this software for the first time due to the bad reviews turbotax was getting over it's registration process. In working on my girlfriends taxes today, I have two major complaints. The most severe being the lack of informative help. I remember turbotax providing so much more help whenever there was a term I didn't understand. This software only includes the IRS instructions and many links to call a tax advisor for explanations. The second problem is the user interface. It was NOT TESTED. There were screens in which the text wasn't completely clear (covered by other text and not scrollable). This is completely unacceptable and I will be buying Turbotax to redo my girlfriends taxes and begin mine. I honestly do not feel that this software was properly tested and wouldn't trust the tax return it spits out.
2Today
Unreliable and scary
Being ... off by Intuit's new "protection" system, I decided to try TaxCut this year... Well, now I have a second thought. I ran into so many bugs and inconsistencies in the TaxCut that I am simply scared to submit to the IRS the returns forms generated by it. Examples: 1)It drags a mistake in my address intput from screen to screen even after I corrected it in the address input form. 2) I had to use Google to find the latest update on the H&R' website. 3) It bugged me with request to input the SSN for my "second child" (while I indicated that I have only one). And so on and so forth.. And it still inferior to the TurboTax in terms of functionality and UI convenience. Sometime it seems that this program has been written by the same seasonally hired "tax preparers" who are "working" in the H&R's walk-in offices.
2Today
Not for heavy-duty tax preparation.
TaxCut Platinum is fine if you are doing a relatively simple return and don't need too much help. I bought TaxCut Platinum based upon recommendations to avoid TurboTax due to privacy issues. I have used TurboTax for the past several years. I will be going back to it this year. While preparing my daughter's very simple return, with itemized deductions, I had a couple of questions during the interview process. Mostly, I was seeking definitions of the terms in the interview questions. The help files didn't even provide detailed explanations of the questions asked in the interview. There was also no help available from any on-disk books except for the IRS's own instructions. TurboTax Deluxe, by contrast, includes Money Magazine's Income Tax Handbook as well as other useful help. TaxCut Platinum also does not provide for supporting worksheets to enter data. TurboTax, however, allows you to itemize each vehicle's property tax (for example) on a worksheet. Then TurboTax uses the total for the IRS form. The worksheets print for you alone and are not submitted to the IRS. This is a very helpful way to keep itemized records of individual expenditures without writing each one down separately, but it isn't available from TaxCut Platinum. TaxCut Platinum pretends to show your tax owed or refund amount as you go, but even on my daughter's relatively simple return the amount never changed during the data entry. The program apparently was not thoroughly tested, as the text sometimes was not visible, and no amount of scrolling attempts could make it so. In spite of the on-line registration issues for TurboTax, I will be ordering a copy of it for my return, which involves numerous deductions, depreciation, employee business expenses, and other items that should not be that complicated. After all, I put up with the on-line registration from Microsoft for Windows XP. I feel that TurboTax is worth the nuisance and minor intrusion. If you don't want to have Intuit know about your computer, buy TaxCut, but don't expect the sophistication from TaxCut that you get from TurboTax.
2Today
A total waste of Time
I too turned to TaxCut in order to get away from TurboTax and Intuit. Unfortunately, I've so far spent two hours trying to convince the software that I do NOT owe $$$ in ATM (an apparent problem with their worksheet). The software also missed the Capital Loss carry over. A little poking around and I discovered that I was required to enter last year's data in order for it to know this. Guess they could have included that in the "interview" . It also turns out they they have made no provisions for self employed health insurance deductions. They have the worksheet, it's just not tied into the 1040 form. And once you make an override to any form, TaxCut will not allow you to E-File your return to the IRS. In summary, no I won't go back to Turbo Tax, I'll just do my taxes the old fashioned way, by hand. A lot faster and A LOT LESS FRUSTRATION!
1Today

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